Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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So as long as these lenders are overloaded with customers, i think there is no reason to lower rates. They just might even start to go back up until the demand queue starts to get shorter and thats...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
16,680 Views
i saw that rates had dropped for literally only a week... Damn I missed it!
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
16,680 Views
Are rates going to go down again as refinancing demand eases?
For a condo, how is 3.625% for 30 year fixed with no points/no credits?
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
16,680 Views
No, primary residence. But I recently moved for a job and split my time so if it doesn't qualify, then it will be considered a secondary residence.
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
16,680 Views
Same here, and that's basically what I got 4 years ago but with negative points. Crazy that I can't beat now what I got 4 years ago. Best is a local CU that it offering 2.875 right now but for 8...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
+1 Score
91 Replies
16,680 Views
I knew Chase price-matched as even when I took out the original loan I had got them to match the cheapest rate I'd found on bankrate.com.
I called Chase and asked for a Refi. When they came back...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
16,680 Views
They did that back during the housing crash 07?
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
16,680 Views
I am more interested in thoughts as to how low rates could realistically go - e.g. when would be good to refi into a 10 yr?
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
16,680 Views
I think many have around 3.5% currently for 30 year, closer to 3% for 15 year. My in-laws still have their mortgage from ~20 years ago when they got a 2.75% 30 year loan.
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
+1 Score
91 Replies
16,680 Views
Just because I hear the damned commercial all the time a local CU has got a 15 yr @ 2.75% APR (2.5%) and no closing costs
For some reason 10 yrs seem to have a higher APR than a 15 yr in a few...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
+1 Score
91 Replies
16,680 Views
It's very likely that they refinanced when rates dropped and forgot to mention that. If they insist they got those rates, then you might want to ask them how.
Click Here:...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
+1 Score
91 Replies
16,680 Views
Some of the rates I've seen looking around:
Navy Federal Credit Union rates
30 Year Fixed 2.847% APR
15 Year Fixed 2.553% APR
Alliant Federal Credit Union rates
30 Year Fixed 3.053% APR
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
+1 Score
91 Replies
16,680 Views
No way that's right. Rates hit record lows after the 2k8 recession. They're even lower now. 2.75 might have been on a 10 year or perhaps they paid an insane amount of points. You might be able to...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
16,680 Views
I was quoted 3.25 with some cash back to cover closing. That was on 3/4/2020. I'm guessing today's quote might be lower?
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
16,680 Views
neighbor said she's writing at 2.8 for a 30
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
+1 Score
91 Replies
16,680 Views
Who has the lowest 30 year currently?
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
16,680 Views
I have 15 years left on mine and I was looking to change to a 15 since i really cannot deduct my interest anymore but found that going with a 30 and making an extra payment was actually better.
...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
+1 Score
91 Replies
16,680 Views
what was the term length? Points?
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
16,680 Views
Thanks. You are right, may need to pay the closing cost upfront. Was surprised that they need appraisal fee paid in the beginning.
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
+1 Score
91 Replies
16,680 Views
that has never been my experience. In fact I've had to eat it a couple times when the LTV wouldn't work out to below 80%.
Being an appraiser must be cake work, frankly. Drive around, look at...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
+1 Score
91 Replies
16,680 Views
Best I could find after a couple weeks of research was though Owning.com - 3.375% for a 30yr fixed refi with 0.25 points and no other fees/appraisal. Have about 600k loan balance so it's working out...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
+1 Score
91 Replies
16,680 Views
I have a "zero-point mortgage" at 2.5% from a local credit union.
Variable interest rate after 5 years.
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
16,680 Views
I got 2.875% on a $112k refi for 15 year
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
16,680 Views
I refi'd in March with Lenderfi to 2.875% on a 30 year fixed with a $1k lender credit (after including all fees). No appraisal even. It was a smoking hot deal.
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
16,680 Views
Too bad, the rates there are trash now (for me); they can't even beat the rate I got 4 years ago
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
+1 Score
91 Replies
16,680 Views
2.375 for 15 year, ~2400 in closing costs (local cu)
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
16,680 Views
3.125% for what my brother-in-law got last week for 30-year fixed.
I recently refinanced through Better.com for 3.275 for 20-year fixed (I had a 3.875 30 prior to that and I essentially made $2000...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
16,680 Views
Do they refund the appraisal fee if the loan does not work out ?
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
16,680 Views
First time mortgage shopper... i can run NPV calculations and figure out whats "better" but no one typically holds a mortgage for 30 years so some of those front loaded costs and fees are more penal...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
16,680 Views
Most don't keep the same mortgage 30 years lately because of refinancing. There won't much much chance to refi when you are at 3% or so.
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
16,680 Views
I recently closed my primary residence refi on a 2.75% Interest Rate / 2.799% APR 30-year fixed with 0.54% in discount points. Locked on 4/29 and signed the docs on 5/19. I was even able to get an...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
16,680 Views
What company?
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
16,680 Views
We have a floatdown lock right now for new purchase at 3.125 0 points and about 6k in closing costs.
510k loan, 800+ credit, >20% down
We were on track to do significantly better than that...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
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91 Replies
16,680 Views
So do you either intend on repaying before the ARM resets or refinancing to a fixed? Are you gambling that rates won't go up before RESET or ....?
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
+1 Score
91 Replies
16,680 Views
>.>
and what if the housing market crashes?
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
+1 Score
91 Replies
16,680 Views
Thanks, learning a lot.
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
+1 Score
91 Replies
16,680 Views
Man some of these rates are crazy. I paid 3.25 @ 30 year va with usaa a few years back, but I didn’t pay crap in points or fees, my mortgage apr ended up at 3.31
But I am reading like 2.8’s from...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
+1 Score
91 Replies
16,680 Views
Did you see the rocket mortgage or better.com $2500 amex statement offer? I essentially started application with both and sent them to a dog fight to beat each others rate. The rate dipped steeply...
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
+1 Score
91 Replies
16,680 Views
You would have to pay closing costs, but atm penfed 30 year is 2.875% no points
https://www.penfed.org/mortgage-center/mortgages/30-year-fixed-conforming-mortgage
2.875%
0.000
2.894%*
Mortgage Rates
Thread created 03-06-2020 by MakeitRainDolla
+1 Score
91 Replies
16,680 Views
Also I see refi rates are quite a bit higher than first mortgages. I was excited seeing ~ 2.6x from PFCU until I realized that was a first mortgage rate. Refi's were still 3+
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